Ulta Beauty, Inc. (ULTA)
NASDAQ: ULTA · Real-Time Price · USD
608.52
+4.43 (0.73%)
At close: Dec 24, 2025, 1:00 PM EST
608.50
-0.02 (0.00%)
After-hours: Dec 24, 2025, 4:42 PM EST
Ulta Beauty Income Statement
Financials in millions USD. Fiscal year is March - February.
Millions USD. Fiscal year is Mar - Feb.
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | +20 Quarters |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Nov '25 Nov 1, 2025 | Aug '25 Aug 2, 2025 | May '25 May 3, 2025 | Feb '25 Feb 1, 2025 | Nov '24 Nov 2, 2024 | Aug '24 Aug 3, 2024 | May '24 May 4, 2024 | Feb '24 Feb 3, 2024 | Oct '23 Oct 28, 2023 | Jul '23 Jul 29, 2023 | Apr '23 Apr 29, 2023 | Jan '23 Jan 28, 2023 | Oct '22 Oct 29, 2022 | Jul '22 Jul 30, 2022 | Apr '22 Apr 30, 2022 | Jan '22 Jan 29, 2022 | Oct '21 Oct 30, 2021 | Jul '21 Jul 31, 2021 | May '21 May 1, 2021 | Jan '21 Jan 30, 2021 | +20 Quarters |
| 2,858 | 2,788 | 2,848 | 3,488 | 2,530 | 2,552 | 2,726 | 3,554 | 2,489 | 2,530 | 2,634 | 3,227 | 2,339 | 2,297 | 2,346 | 2,729 | 1,996 | 1,967 | 1,939 | 2,199 | Upgrade | |
Revenue Growth (YoY) | 12.95% | 9.26% | 4.50% | -1.88% | 1.65% | 0.88% | 3.48% | 10.15% | 6.42% | 10.13% | 12.29% | 18.22% | 17.19% | 16.77% | 21.02% | 24.14% | 28.59% | 60.20% | 65.23% | -4.65% | Upgrade |
Cost of Revenue | 1,702 | 1,697 | 1,734 | 1,709 | 1,524 | 1,574 | 1,656 | 1,781 | 1,497 | 1,536 | 1,579 | 1,609 | 1,376 | 1,369 | 1,405 | 1,313 | 1,206 | 1,169 | 1,185 | 1,042 | Upgrade |
Gross Profit | 1,156 | 1,092 | 1,114 | 1,779 | 1,006 | 978.18 | 1,070 | 1,774 | 992.07 | 993.61 | 1,055 | 1,618 | 962.82 | 928.16 | 941.03 | 1,416 | 789.47 | 797.96 | 753.79 | 1,156 | Upgrade |
Selling, General & Admin | 840.92 | 741.74 | 710.61 | 1,261 | 682.26 | 644.82 | 665.91 | 1,253 | 661.38 | 600.69 | 612.13 | 1,168 | 597.16 | 534.46 | 500.97 | 1,043 | 503.4 | 464.3 | 443.88 | 901.26 | Upgrade |
Operating Expenses | 846.25 | 746.84 | 712.44 | 1,263 | 687.14 | 648.98 | 668.83 | 1,256 | 664.84 | 601.97 | 612.79 | 1,171 | 600.96 | 536.74 | 503.32 | 1,045 | 505.24 | 465.66 | 448.46 | 903.48 | Upgrade |
Operating Income | 309.42 | 344.85 | 401.78 | 516.32 | 318.5 | 329.2 | 400.95 | 517.09 | 327.23 | 391.64 | 442.07 | 447.62 | 361.86 | 391.43 | 437.71 | 371.6 | 284.24 | 332.31 | 305.32 | 252.85 | Upgrade |
Interest Expense | -4.12 | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.4 | -0.47 | -0.41 | -0.43 | -0.36 | -0.46 | Upgrade |
Interest & Investment Income | - | 1.41 | 3.55 | 1.99 | 1.67 | 4.53 | 6.9 | 3.33 | 2.5 | 4.45 | 7.35 | 4.38 | 0.85 | 0.11 | - | - | - | - | - | - | Upgrade |
Earnings From Equity Investments | -0.99 | -0.6 | -0.63 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | Upgrade |
EBT Excluding Unusual Items | 304.31 | 345.67 | 404.7 | 518.32 | 320.18 | 333.73 | 407.85 | 520.42 | 329.72 | 396.09 | 449.42 | 452 | 362.71 | 391.54 | 437.31 | 371.13 | 283.83 | 331.88 | 304.97 | 252.39 | Upgrade |
Merger & Restructuring Charges | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -28.88 | Upgrade |
Asset Writedown | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -1.52 | Upgrade |
Other Unusual Items | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 4.02 | - | - | - | 1.82 | Upgrade |
Pretax Income | 304.31 | 345.67 | 404.7 | 518.32 | 320.18 | 333.73 | 407.85 | 520.42 | 329.72 | 396.09 | 449.42 | 452 | 362.71 | 391.54 | 437.31 | 375.16 | 283.83 | 331.88 | 304.97 | 223.81 | Upgrade |
Income Tax Expense | 73.44 | 84.8 | 99.64 | 125.05 | 78 | 81.17 | 94.74 | 126.05 | 80.24 | 95.99 | 102.37 | 111.25 | 88.12 | 95.86 | 105.91 | 85.79 | 68.54 | 80.99 | 74.68 | 52.32 | Upgrade |
Net Income | 230.88 | 260.88 | 305.05 | 393.27 | 242.18 | 252.56 | 313.11 | 394.37 | 249.48 | 300.1 | 347.05 | 340.75 | 274.59 | 295.68 | 331.4 | 289.37 | 215.29 | 250.89 | 230.29 | 171.49 | Upgrade |
Net Income to Common | 230.88 | 260.88 | 305.05 | 393.27 | 242.18 | 252.56 | 313.11 | 394.37 | 249.48 | 300.1 | 347.05 | 340.75 | 274.59 | 295.68 | 331.4 | 289.37 | 215.29 | 250.89 | 230.29 | 171.49 | Upgrade |
Net Income Growth | -4.67% | 3.29% | -2.57% | -0.28% | -2.93% | -15.84% | -9.78% | 15.73% | -9.14% | 1.50% | 4.72% | 17.76% | 27.54% | 17.85% | 43.90% | 68.73% | 187.83% | 3015.91% | - | -23.00% | Upgrade |
Shares Outstanding (Basic) | 45 | 45 | 45 | 46 | 47 | 48 | 48 | 49 | 49 | 50 | 50 | 51 | 51 | 52 | 52 | 53 | 54 | 55 | 56 | 56 | Upgrade |
Shares Outstanding (Diluted) | 45 | 45 | 46 | 46 | 47 | 48 | 48 | 49 | 49 | 50 | 50 | 51 | 51 | 52 | 53 | 54 | 55 | 55 | 56 | 57 | Upgrade |
Shares Change (YoY) | -4.67% | -5.36% | -5.94% | -4.75% | -4.33% | -4.38% | -4.14% | -4.28% | -4.26% | -3.95% | -4.02% | -4.75% | -5.93% | -5.66% | -6.39% | -5.58% | -3.33% | -2.63% | -0.44% | -0.90% | Upgrade |
EPS (Basic) | 5.16 | 5.80 | 6.72 | 8.50 | 5.16 | 5.32 | 6.51 | 8.13 | 5.09 | 6.05 | 6.92 | 6.73 | 5.37 | 5.73 | 6.34 | 5.44 | 3.97 | 4.59 | 4.13 | 3.04 | Upgrade |
EPS (Diluted) | 5.14 | 5.78 | 6.70 | 8.47 | 5.14 | 5.30 | 6.47 | 8.08 | 5.07 | 6.02 | 6.88 | 6.68 | 5.34 | 5.70 | 6.30 | 5.41 | 3.94 | 4.56 | 4.10 | 3.02 | Upgrade |
EPS Growth | - | 9.06% | 3.55% | 4.78% | 1.38% | -11.96% | -5.96% | 20.89% | -5.06% | 5.61% | 9.21% | 23.55% | 35.53% | 25.00% | 53.66% | 78.92% | 198.49% | 3157.14% | - | -22.47% | Upgrade |
Free Cash Flow | -81.63 | 19.57 | 140.99 | 962.64 | -171.07 | 104.26 | 68.32 | 994.02 | -177.08 | 28.93 | 195.14 | 800.32 | -50.7 | 64.94 | 355.23 | 580.64 | -37.67 | 48.6 | 295.5 | 516.19 | Upgrade |
Free Cash Flow Per Share | -1.82 | 0.43 | 3.10 | 20.71 | -3.63 | 2.19 | 1.41 | 20.37 | -3.60 | 0.58 | 3.87 | 15.70 | -0.99 | 1.25 | 6.76 | 10.85 | -0.69 | 0.88 | 5.26 | 9.11 | Upgrade |
Gross Margin | 40.44% | 39.15% | 39.12% | 51.01% | 39.75% | 38.33% | 39.25% | 49.90% | 39.86% | 39.28% | 40.04% | 50.15% | 41.17% | 40.41% | 40.11% | 51.89% | 39.56% | 40.56% | 38.88% | 52.59% | Upgrade |
Operating Margin | 10.83% | 12.37% | 14.11% | 14.80% | 12.59% | 12.90% | 14.71% | 14.55% | 13.15% | 15.48% | 16.78% | 13.87% | 15.47% | 17.04% | 18.66% | 13.61% | 14.24% | 16.89% | 15.75% | 11.50% | Upgrade |
Profit Margin | 8.08% | 9.35% | 10.71% | 11.28% | 9.57% | 9.90% | 11.49% | 11.10% | 10.02% | 11.86% | 13.18% | 10.56% | 11.74% | 12.87% | 14.13% | 10.60% | 10.79% | 12.75% | 11.88% | 7.80% | Upgrade |
Free Cash Flow Margin | -2.86% | 0.70% | 4.95% | 27.60% | -6.76% | 4.08% | 2.51% | 27.97% | -7.12% | 1.14% | 7.41% | 24.80% | -2.17% | 2.83% | 15.14% | 21.27% | -1.89% | 2.47% | 15.24% | 23.48% | Upgrade |
EBITDA | 385.21 | 416.02 | 473.81 | 585.98 | 385.52 | 394.52 | 465.69 | 578.77 | 388.64 | 453.56 | 500.02 | 505.79 | 420.32 | 452.31 | 500.55 | 434.4 | 349.4 | 401.29 | 375.92 | 323.31 | Upgrade |
EBITDA Margin | 13.48% | 14.92% | 16.63% | 16.80% | 15.24% | 15.46% | 17.08% | 16.28% | 15.62% | 17.93% | 18.98% | 15.68% | 17.97% | 19.69% | 21.34% | 15.92% | 17.51% | 20.40% | 19.39% | 14.70% | Upgrade |
D&A For EBITDA | 75.79 | 71.17 | 72.03 | 69.66 | 67.02 | 65.31 | 64.74 | 61.68 | 61.41 | 61.91 | 57.95 | 58.18 | 58.46 | 60.88 | 62.84 | 62.8 | 65.16 | 68.98 | 70.6 | 70.46 | Upgrade |
EBIT | 309.42 | 344.85 | 401.78 | 516.32 | 318.5 | 329.2 | 400.95 | 517.09 | 327.23 | 391.64 | 442.07 | 447.62 | 361.86 | 391.43 | 437.71 | 371.6 | 284.24 | 332.31 | 305.32 | 252.85 | Upgrade |
EBIT Margin | 10.83% | 12.37% | 14.11% | 14.80% | 12.59% | 12.90% | 14.71% | 14.55% | 13.15% | 15.48% | 16.78% | 13.87% | 15.47% | 17.04% | 18.66% | 13.61% | 14.24% | 16.89% | 15.75% | 11.50% | Upgrade |
Effective Tax Rate | 24.13% | 24.53% | 24.62% | 24.13% | 24.36% | 24.32% | 23.23% | 24.22% | 24.34% | 24.23% | 22.78% | 24.61% | 24.30% | 24.48% | 24.22% | 22.87% | 24.15% | 24.40% | 24.49% | 23.38% | Upgrade |
Advertising Expenses | 116.52 | 80.62 | 90.61 | - | 107.7 | 74.6 | 85.71 | - | - | - | - | - | - | - | - | - | - | - | - | - | Upgrade |
Updated Dec 4, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.